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Issued 20 May 2019 CRICOS Provider No: 01241G Page 1 of 3
FINANCIAL CHECKS – Agent Checklist
Student Name Date of Birth
Agent (Agency) Name
You should provide evidence of funds as outlined below. This checklist will assist you to calculate required funds. For information on the financial capacity requirement see http://www.border.gov.au/Trav/Stud/More/Student-Visa-Living-Costs-and-Evidence-of-Funds.
Instructions: Please complete this checklist and return it together with bank/agent certified financial documents to [email protected] . All documents must be certified by the Financial Institution, Bank, a Notary Public or your Education Agent. If you are providing bank statements, they must be for the last 6 months ONLY and should be a summary. No more than 10 pages will be accepted.
You can choose to provide evidence of funds in two ways. 1. 12 months of funds option2. Annual income option
Please write YES next to which option you choose to indicate evidence of funds in the box below and provide the documentation stated in the relevant section.
Option 1
Option 2
Acceptable Financial Institutions
Nabil Bank Limited
Nepal SBI Bank Limited
Nepal Investment Bank Limited
Everest Bank Limited
Siddhartha Bank Limited
Laxmi Bank Limited
Himalayan Bank Limited
Bank of Kathmandu Limited
NIC Asia Bank Limited
Prabhu Bank Limited
NMB Bank Nepal Limited
Issued 20 May 2019 CRICOS Provider No: 01241G Page 2 of 3
Option 1 – 12 months of funds option
Expenses Required funds (AUD) Total funds required (Please specify)
Funds required for 12 months’ tuition $30,000
Funds required for 12 months’ living expenses $21,000
Travel costs $4,000
Add for accompanying dependents Spouse or partner Please add $7,100
Children Please add $3,040 per child
Schooling costs. Where school aged children are included in your student visa application, schooling costs of AUD8,000 per year for each child will need to be added to the amount of funds that is required. This amount is the minimum required for a visa application only and you are responsible for researching schooling costs, which may vary widely between states, territories and schools in Australia.
Please indicate total amount for all school aged dependents you are bringing with you to Australia.
TOTAL (AUD)
Source of funds for option 1 – Choose ONE of the following sources
Source 1: Certified bank statements from an approved bank. These MUST be from one, or a combination of no more than 2 of the following:
Please select which relevant account type by typing YES in the relevant box and the amount in AUD provided by that account. You should select no more than 2 options.
Select relevant account(s)
Amount
Your own bank account
Your spouse’s bank account
Your parents bank account
Your sibling’s bank account
Your grandparent’s bank account
Your parents-in-law’s bank account (female students only)
TOTAL AMOUNT OF BANK DEPOSITS
Source 2 Documentation of an approved loan from a recognised financial institution. Documentation MUST include:
• Loan confirmation letter (Yes/No)
Loan amount
Issued 20 May 2019 CRICOS Provider No: 01241G Page 3 of 3
• Evidence that the funds have been deposited/disbursed (Yes/No)
Option 2 – Annual Income option
Evidence of funds – 12 months of funds option
The annual income option requires students to provide evidence of personal annual income of at least AUD60,000. For students accompanied by family members the amount is AUD70,000. The income demonstrated must be the personal income of your spouse (who is not travelling with you) or parents. In circumstances where both of your parents are working, their combined income can be considered for this requirement. In all cases, the evidence of annual income must be provided in the form of official government documentation, such as a tax assessment.
If you choose the annual income option, you MUST provide ALL of the documents below as proof of income
Pay slips for the 6 months immediately prior to your application. These MUST be from ONE of the following:
Please select which relevant payslip type ny typing YES and amount in AUD provided by that payslip.
Select relevant payslip Amount
Your own bank payslips
Your spouse’s payslips
Your parents’ payslips
Your sibling’s payslips
Your grandparent’s payslips
Your parents-in-law’s payslips (female students only)
TOTAL AMOUNT OF PAYSLIPS
Banks statements for the past 6 months. The bank statements MUST be provided for the person who has provided a payslip.
Bank statement confirms salary as per pay slip
Income Tax Assessment for the most recent financial year. Income Tax Assessments MUST be provided for the person who has provided a payslip
Income tax assessment confirms salary as per payslip
Declaration: I ___________________________________ , am an authorized signatory for _____________________________ and confirm that I have checked the
financial documents indicated above and confirm that they are bona fide documents and not fraudulent. I further confirm that the above named student
has the financial capacity required by the Department of Home Affairs and is, therefore, eligible to apply for a student visa.
Signed: ______________________________ Date: ______________________________